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StockVS

NASDAQ · Solar · USD

TOYO Co., Ltd. (TOYO) Stock Analysis

TOYO Co., Ltd. (TOYO) is a Solar stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

TOYO

$4.03

+$0.03 (+0.75%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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TOYO Key Statistics

As of Oct 21, 2026
Trading
Open
$4.07
Previous Close
$4.00
Day's Range
3.94–4.07
52-Week Range
3.89–17.43
Volume
293.27K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.42
Valuation
Market Cap
$172.16M
P/E Ratio
1.81
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
0.99
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.31
EPS (ttm)Profit attributable to each share over the last twelve months.
2.23
Financials (FY)
Revenue (FY)
$427.38M+141.52%
Net Income (FY)
$39.66M−2.35%
Profit marginThe share of revenue left as profit after all costs and taxes.
14.93%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
42.72M
1-Year Return
−45.39%
Dividend and dates
Earnings Date
November 16, 2026estimated
Avg Volume
630.23K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, TOYO closed at $4.03, −45.39% over 1 year.

TOYO Co., Ltd. (TOYO) has a market capitalization of $172.16M.

In fiscal 2025, TOYO reported revenue of $427.38M.

TOYO Stock Return by Calendar Year

TOYO Co., Ltd. (TOYO) return since Mar 2022: what $10,000 became

1 year
$10,000 $5,461
−45.39%
3 years
$10,000 $3,724
−62.76%
Since Mar 2022
$10,000 $4,087
−59.13%

If you had invested $10,000 in TOYO Co., Ltd. (TOYO) at the close on March 17, 2022, the earliest close on record here, it would have been worth $4,087 at the close on October 21, 2026: −59.13% in total, −17.69% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−31.23%
2025+73.37%
2024−69.33%
2023+8.04%
2022 (partial year)+3.45%

As of October 21, 2026.

TOYO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$427.38M$39.66M9.3%
2024$176.96M$40.61M23.0%
2023$62.38M$9.89M15.9%
2022$0.00−$186.84K—
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$427.38M$96.34M$59.04M$39.66M9.3%
2024$176.96M$21.90M$8.86M$40.61M23.0%
2023$62.38M$16.63M$11.98M$9.89M15.9%
2022$0.00$0.00−$187.42K−$186.84K—

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

TOYO Valuation vs Solar Median

Median of 22 stocks
MetricTOYOSolar medianvs median
P/E1.8114.200.1x the median
P/S ratio0.310.4835% below
Profit margin14.93%−3.77%18.7 pts above

Medians across 22 Solar stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

TOYO Co., Ltd. (TOYO) is capitalised at $172.16M on the latest close. It is classified in the Solar industry, within the Technology sector. The company reports 2,552 employees.

TOYO last closed at $4.03 on October 21, 2026. That is +$0.03 (+0.75%) against the previous close. Over the past 52 weeks the price has ranged from $3.89 to $17.43. The latest close sits 3.6% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $427.38M. Against the prior fiscal year total of $176.96M, that is a change of +141.52%. Net income for the same year was $39.66M. That is −2.35% against the prior fiscal year. Profit margin runs at 14.93%. That is 18.7 percentage points above the Solar median of −3.77%. Earnings per share on a trailing basis come to 2.23.

Across the 4 fiscal years on file, revenue moves from $0.00 in 2022 to $427.38M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 1.81 times earnings. That is 0.1 times the Solar median of 14.2. On forward earnings the ratio is 0.99. Measured against sales, the shares trade at 0.31 times revenue. On price-to-sales that is 35.08% below the Solar median of 0.48. The medians here are taken across 22 Solar companies that report the metric.

Over the trailing twelve months the total return is −45.39%. Measured over 3 years, that is −28.05% a year compounded. Beta against the wider market is reported at 1.42. Annualized volatility over the trailing 4 years is 103.64%.

Growth & Income

No dividend is on file for TOYO.

Across the complete calendar years on file, 2025 returned +73.37% and 2024 returned −69.33%. Of the 3 complete calendar years on file, 2 finished higher. So far in 2026 the total return is −31.23%.

Peer Comparison

TOYO Co., Ltd. (TOYO) operates in the Solar industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
TOYO Co., Ltd. TOYO $172.16M 1.8
First Solar, Inc. FSLR $18.79B 10.8
Nextpower Inc. NXT $12.56B 21.1
Enphase Energy, Inc. ENPH $4.23B 32.0

The Solar industry average P/E ratio is 14.2x. TOYO Co., Ltd. trades at a P/E of 1.8.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About TOYO Co., Ltd.

TOYO Co., Ltd. engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain in Asia and the United States. It designs, manufactures, and sells solar cells, modules, and related products. TOYO Co., Ltd. was founded in 2022 and is headquartered in Tokyo, Japan.

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